Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
redmetal
on 05/09/2013, 02:24:22 UTC
As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent  and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.  

What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends will be?

Try 200th would be 3.3% of a 6ph network, Blocks are meant to be mined 1 every 10 mins, @25BTC per block (3600BTC per day, or 1.3m year)
Then 3.3%/year is ~43,000BTC. Divide this by 10,000,000 shares 0.0043/share from mining p/a
Then include sales + transaction fees (ATM TF's are only ~1%)